to preliminary estimates, up by 17.0% YoY. The selling rate increased to 2.55 mn units/year in May, from 2.47 mn units/year in April. This was the strongest selling rate of the year to date, although it could have been influenced by customers returning after disruptions in the preceding months from Carnival and Easter. Hybrid and electric vehicles accounted for around 10.4% of total sales in May, a record high. Argentina saw another extremely str...

Market & Tech Reports  Updated at: 2025/06/19

rket has been declining due to factors including model aging and economic challenges. South America Brazilian Light Vehicle sales totaled 184k units in March, growing by 4.6% YoY. The selling rate slowed marginally to 2.41 mn units/year in March, from 2.43 mn units/year in February. The fact that Carnival fell in March this year, instead of February last year, made the result more impressive, with two selling days having been lost as compared t...

Market & Tech Reports  Updated at: 2025/04/18

in almost 2.5 years to support the economy. South America Brazilian Light Vehicle sales totaled 173.4k units in February, growing by 11.8% YoY. The strong expansion in sales on a YoY basis pushed the selling rate to 2.4 mn units/year in February, up from the 2.1 mn units/year reported in January. Carnival week can cause sales activity to slow, but whereas Carnival fell in February last year, it was in March in 2025, hence providing a low base e...

Market & Tech Reports  Updated at: 2025/03/18

ile the AWD variant offers 260 kW of maximum power, 500 Nm of maximum torque, and 431 km of estimated WLTP range on a full charge.       Kia India unveiled the all-new 2025 Kia EV6 facelift at the Bharat Mobility Global Expo 2025. It also presented the all-new Syros model, the all-electric EV9, Carnival Hi Limousine, and its existing Indian product lineup, which includes the Carens, Seltos, and Sonet, along with their X-Line variants.   2025...

Market & Tech Reports  Updated at: 2025/02/13

Plant 2021 SK LiB 87.2kWh Prismatic NMC 523 Hyundai Genesis Electrified GV70  BEV Korea Ulsan Plant 2022 SK LiB 77.4kWh Pouch NMC 697 Hyundai Genesis GV60 BEV Korea Ulsan Plant 2021 SK LiB 77.4kWh 697 Hyundai Grandeur Hybrid HEV Korea Asan Plant 2022 LG LiB 1.76kWh Hyundai Kia Carnival Hybrid HEV Korea Gwangmyeong Plant 2023 LiB 1.49kWh 270 5.5 Hyundai Kia Cee'd Plug-in Hybrid PHEV Slovakia Zilina Plant 2020 Li-P 8.9k...

Market & Tech Reports  Updated at: 2024/10/18

tric PBV (Purpose Built Vehicle) dedicated plant. Production will start in 2025. PV5 (2025-planned), PV7 (2027-planned). Gwangju 477 541 Kia Sportage, Soul, Soul EV(e-Soul), Seltos, trucks and buses.EV5 (2025-planned). Autoland Gwangmyeong(Former Sohari plant) 313 252 Kia K9(Quoris/K900), Grand Carnival(Carnival/Sedona), EV9.EV3 (2024-planned), EV4 (2025-planned), EV7 (2025-planned).Production of Stinger, Stonic and Pride (Rio) ended in 2023....

Market & Tech Reports  Updated at: 2024/07/25

increased in February to 2.38 mn units/year, from 2.04 mn units in January. Inventory levels marginally increased in February to 217.6k units, up from 216.5k units in January, and days’ supply remained at the same level, at 38 days. Production managed to recover despite the shorter month and the Carnival holiday. In Argentina, Light Vehicle sales landed at 23.5k units in February, facing a decline of 18.1% YoY. Whereas sales slowed on a month-...

Market & Tech Reports  Updated at: 2024/03/18

Hyundai Santa Fe Hyundai Elantra N Hyundai N Vision 74   Other interesting models displayed at the booth of Hyundai included the N Vision 74, the i20 WRC, and the Ioniq 6 BEV. Hyundai i20 WRC Hyundai Ioniq 6 BEV   KIA models KIA Sorento HEV KIA Sorento PHEV KIA Carnival Mercedes-Benz's press stage   The stars at Mercedes-Benz's booth this year, which was designed under the concept of “Future f...

Market & Tech Reports  Updated at: 2023/12/27

Mohave (Borrego), EV6, pickup truck (TK1) (2024-planned) Electric PBV dedicated plant 150(2025) - PBV (project name: SW) (2025-planned) Gwangju 477 472 Kia Sportage, Soul, Soul EV (e-Soul), Seltos, trucks and buses Autoland Gwangmyeong 313 276 Kia Stonic, Pride (Rio), K9 (Quoris/K900), Grand Carnival (Carnival/Sedona), EV9Production of the Stinger ended in March 2023.The production line will be renovated for EV production and two EV models...

Market & Tech Reports  Updated at: 2023/07/05

by 0.8% YoY in February, to 120k units. While the selling rate accelerated to 1.9 mn units/year, from 1.7 mn units/year in January, this was still a disappointing outcome. In volume terms, it was the weakest February since 2005, but there were two fewer selling days than last year, while the annual Carnival celebrations could have impacted sales to some extent. While inventory continues to improve (187k units in February) affordability is still a...

Market & Tech Reports  Updated at: 2023/03/16

us launched 5th generation RX. Tata Motors presented multiple products in the electric vehicle, CNG and ICE segments with the unveiling of the Avinya concept, Harrier.ev, Sierra.ev, CURVV, Altroz iCNG, Punch iCNG, etc. It also presented two new gasoline engine-powered models. Kia presented the KA4 (Carnival) two ton MPV and its concept EV9 model at the event, while Hyundai presented its IONIQ 5 electric SUV. China's BYD unveiled the Seal and ATTO...

Market & Tech Reports  Updated at: 2023/02/06

Thailand International Motor Expo 2022 (2): It's time…Come touch the future Exhibitions of Hyundai & Kia, Japanese OEMs, and Ford Summary Hyundai: Stargazer MPV, and IONIQ 5 and IONIQ 6 BEVs Kia: EV6 BEV, and new Carnival premium MPV Toyota: bZ4X BEV, and GR Corolla high-performance sport hatchback Lexus: RX450h+ PHEV Suzuki: Ertiga Smart Hybrid Honda: SUV e:Prototype BEV concept, and e:HEV lineup Subaru: Forester SUV with EyeSight 4.0 Mazda: 4...

Market & Tech Reports  Updated at: 2022/12/21

SE, NETA V, ORA Grand Cat, POCCO, Toyota BZ4X, VOLT City EV, Volvo C40 Recharge Pure Electric. Other exhibited models were Honda SUV E: Prototype, Audi Q5 Sportback 55 TFSI E, Bentley Hybrid, BMW 3 Series LCI, Ford Ranger, Hyundai Stargazer, Isuzu V-CROSS 4x4 Magic Eyes, JEEP Gladiator Rubicon, KIA Carnival, Mazda Carbon Edition, Mitsubishi Pajero Sport, Lamborghini Urus Performante, Maserati Grecale, Nissan Kicks E-Power, Peugeot 2008 SUV, Porsc...

Market & Tech Reports  Updated at: 2022/12/21

54 5,475 K3 28,719 19,925 10,053 4,504 K5 18,499 10,563 4,468 1,795 K4 Cachet 957 0 0 0 K2 1,493 0 0 0 SUV Sportage R 68,750 31,787 15,860 5,987 Yipao 20,145 18,332 10,201 4,945 KX3 44,660 21,541 8,972 4,826 KX5 11,174 2,741 1,704 296 KX CROSS 286 0 0 0 KX7 847 1,073 412 0 MPV Carnival 0 2,786 0 755 Total 252,501 163,383 79,757 36,008 eGT New Energy Automotive Sedan/Hatchback e Fengxing 0 23 15 0 SUV Spring Electric ...

Market & Tech Reports  Updated at: 2022/09/01

ks, Staria（2022- planned） Kia Corporation Hwaseong 563 487 Kia K3 (Forte, Cerato), K5 (Optima), K8, Niro, Sorento, Mohave (Borrego), EV6 Gwangju 600 442 Kia Sportage, Soul, Soul EV (e-Soul), Seltos, trucks, and buses Sohari 320 214 Kia Stinger, Stonic, Pride (Rio), K9 (Quoris/K900), Grand Carnival (Carnival/Sedona) Seosan 280 164 Kia Morning (Picanto), RayThe Seosan Plant is a joint venture established with Donghee Industrial Co., Ltd...

Market & Tech Reports  Updated at: 2022/03/01

ew launches. MG Motor also introduced India's first L-1 autonomous SUV- Gloster. OEM New Model Launch Vehicle Type Tata Motors Altroz Premium Hatchback Nexon EV Electric Compact SUV MG Motor ZS eV Electric SUV Hector Plus Multi-Purpose Vehicle Gloster Multi-Purpose Vehicle Kia Motors Carnival Multi-Purpose Vehicle Sonet Compact SUV BMW BMW 8 Series Luxury Car X6 Luxury Car Hyundai Verna Sedan Aura Compact Sedan Jaguar L...

Market & Tech Reports  Updated at: 2021/03/15

icles OEM Technology Models Hyundai BlueLink Venue, Creata, Aura, Tucson, Creta Tata Motors iRA (Intelligent Real-Time Assist) Nexon and Nexon EV Ford FordPass EcoSport, Figo, Aspire, Endeavour, freestyle MG Motor iSMART Hector, Hector Plus, ZS EV, Gloster Kia Motor UVO connect Seltos, Carnival, Sonet Honda Honda Connect City Mahindra BlueSense XUV500, XUV300 Nissan NissanConnect Kicks Jeep Uconnect Compass Maruti Suzuki Su...

Market & Tech Reports  Updated at: 2021/02/10

Collection Suzuki: Swift GL MAX Edition Ford: Ranger 4-door racing pickup and Ranger XL Street Mercedes-Benz: GLA 200 AMG Dynamic SUV, and A 200 Progressive and A 200 AMG Dynamic sedans BMW: 4-series, and the all-new 430i M Sport 2-door Coupe Hyundai/Kia: Hyundai H-1 Impressive MPV, and all-new Kia Carnival Peugeot: all-new Peugeot 2008 SUV Volvo: PHEV line-up including XC40 and S90 Luxury models: Porsche, Maserati, Aston Martin, and Rolls-Royce ...

Market & Tech Reports  Updated at: 2020/12/08

d Ceed Sportswagon. U.S. 340 273 Manufactures the Sorento, K5 (Optima), Telluride, and Hyundai Santa Fe. Mexico 400 (3 shifts) 273 Manufactures the Forte (Cerato/K3), Rio, and Hyundai Accent. Kia Motors resumed production with one shift from June 2020. India 300 55 Manufactures the Seltos and Carnival. Kia Motors plans to start the manufacturing and sales of the new Sonet compact SUV in the fall of 2020. This USD 1.1 billion plant went on s...

Market & Tech Reports  Updated at: 2020/11/12

re N brand. The company also unveiled its EV concept car, the Prophecy, which illustrates the Hyundai’s future design direction for EVs. RM20e Prototype(Source: Hyundai Motor website) Prophecy EV concept model   Kia brand   There were no new NEV models on display at the Kia booth; the Carnival and the fully redesigned K5 were the main models exhibited. The Carnival is planned for release in 2021.   In the mid- and long-term strateg...

Market & Tech Reports  Updated at: 2020/10/06